Abstract:
Human resource management practices plays very significant
role in retaining the employees. Retaining the talented
employees is very important in today's competitive
environment. When employees leave, organizations have to spend
a lot of time and money for their replacements.HRM practices
have been used in the study to see their impact on employee
retention. The HRM practices that are used are compensation,
career development opportunities, working environment and work
life balance policies. Sample of 120 doctors was selected in
different private hospitals of Islamabad. Questionnaire was
distributed to collect the data and to examine the role of HRM
practices on employee retention. SPSS is used for analyzing
the data, correlation and regression has been applied in the
study. Findings indicate a significant relationship between
employee retention and human resource management practices.
